Smoore International Boosts Incentive Scheme with Share Purchase

Smoore International Holdings Limited (HK:6969) has released an update.

Smoore International Holdings Limited has announced the purchase of 5,819,000 shares for their Share Award Scheme at an average price of HK$8.5722 per share, totaling around HK$49.88 million. The acquisition, executed on 29 May 2024, increases the Trustee-held shares to about 1.077% of the company’s total issued shares. This move is part of incentivizing eligible participants under the company’s performance plan.

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